Three exchange-traded funds tracking companies tied to the rise of 5G are outpacing the S&P 500 for 2019, and experts expect more upside.
div > div.group > p:first-child"> Three exchange-traded funds pegged to the rise of fifth-generation connectivity, the next phase of wireless communications often referred to as 5G, are outpacing the S&P 500 so far in 2019.
And even though the 5G rollout is still very much in its early innings, some market-watchers expect even more upside for these funds. In the case of the Data & Infrastructure Real Estate ETF — a tangential way to invest in the data boom that 5G adoption could generate — those names include data center operators like Equinix and real estate investment trusts involved in wireless communications like American Tower. That ETF made a fresh 52-week high on Friday.
"I think the next iteration from that will be ETFs that start to isolate the companies that are going to benefit the most from 5G technology coming to market," Hempstead said.
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